Post Tagged with: "AirBridgeCargo"

BOC Aviation purchases two 747-8Fs on AirBridgeCargo’s behalf

BOC Aviation purchases two 747-8Fs on AirBridgeCargo’s behalf

March 31, 2017 at 10:13 am 0 comments

Earlier this week, Japan-based Nippon Cargo Airlines cancelled its outstanding order for two 747-8Fs (NCA cancels remaining 747-8F orders).  Today, the announcement of a firm two-aircraft order from Singapore-headquartered BOC Aviation appeared to soften the blow, but it will have no real impact on Boeing’s backlog, because it is part ofRead More

Hong Kong Airlines web

HNA Group affiliates gobble up Hong Kong-based assets

March 27, 2017 at 10:28 am 0 comments

Hong Kong Airlines recently acquired a 51% stake in SATS HK, the Hong Kong affiliate of Singapore-based airport services provider, SATS. In parallel, Hong Kong Airlines’ investment arm, Holistic Capital Investment, acquired a 35% stake in Asia Air Freight Terminal (AAT) (a stake that was owned by forwarder and logisticsRead More

Robert van de Weg resigns as Volga-Dnepr Group SVP

Robert van de Weg resigns as Volga-Dnepr Group SVP

January 26, 2017 at 10:47 am 0 comments

2017 has certainly gotten off to a tumultuous start, with numerous management shake-ups at top air freight and logistics companies around the globe. Earlier this week, we reported executive changes at Etihad Airways, FedEx Corp, and ASL Airlines Belgium in New faces in high places. Today, The Loadstar reported RobertRead More

ABC breaks full-year volume record in just ten months

December 1, 2016 at 12:10 pm 0 comments

Russia-based AirBridgeCargo Airlines (ABC), the scheduled-service subsidiary of Volga-Dnepr Group, reported its October cargo volume up 30% y-o-y to 58,000 tonnes. For the first ten months of 2016 ABC’s cargo volume was up 29% over the same period in 2015 to 498,000 tonnes. But, more significantly, ABC’s ten month totalRead More

Is Moscow the new Gulf?

Is Moscow the new Gulf?

December 1, 2016 at 10:24 am 1 comment

As we have often pointed out in recent posts, growth in demand for air freight has stalled in the Gulf Region, with both Emirates and Etihad reporting low-single-digit year-over-year gains for much of this year. But 4,000 km to the north, Moscow-based carriers AirBridgeCargo Airlines (ABC), and Aeroflot are rackingRead More

Who will become the heavyweight champion?

Who will become the heavyweight champion?

November 21, 2016 at 10:53 am 1 comment

It’s official. Both Ukraine-based Antonov Company and Russia-based Volga-Dnepr Group have confirmed they will end their decade-long sales joint venture, and go it alone in the outsize and heavylift marketplace beginning 1 January. The two companies created the joint venture, Ruslan International, in 2006 to jointly market their combined An-124-100 fleets.Read More

Emirates still continues to operate thirteen 777Fs

SkyCargo hits the brakes as other carriers go full-throttle

November 14, 2016 at 10:37 am 0 comments

SkyCargo, the cargo arm of Dubai-based Emirates, reported cargo volume flat y-o-y, at 1.3 million tonnes in the first half (ended 30 September) of its current fiscal year. Volume was not the only disappointment for the carrier, with net profit in the half down 75% to US$214 million, as revenueRead More

Who is carrying all that European traffic?

Who is carrying all that European traffic?

November 4, 2016 at 10:41 am 0 comments

According to IATA, cargo traffic flown by carriers based in Europe was up 12.6% year-over-year in September, their biggest gain in many years. This strong performance by European carriers has now been going on for six months. But who is carrying all that cargo? In the past, the answer wouldRead More